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87 Madison Ave

Asheville, NC 28801

3 bd 2 ba 1,494 sqft Built 1915 Lot 6,708 sqft single_family
Most recent sale
$630,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $630,000 MLS #3872037
Jun 15, 2022 Listed $650,000 MLS #3872037
May 23, 2016 Sold $342,000 Public Record
Oct 20, 2015 Sold $95,000 MLS #NCM513766
Jun 15, 2012 Listed $125,000 MLS #NCM513766
Jun 15, 2012 Sold $95,000 MLS #513766
May 9, 2012 Relisted $125,000 MLS #513766
Mar 29, 2012 Listing removed $125,000 NWCarolina
Mar 5, 2012 Listed $125,000 MLS #513766
Jan 19, 1995 Sold $38,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $438,600 $72,800 $511,400 $5,882
2024 $438,600 $72,800 $511,400 $5,509
2023 $438,600 $72,800 $511,400 $5,150
2022 $217,500 $72,800 $290,300 $2,894
2021 $217,500 $72,800 $290,300 $2,895
2020 $177,500 $72,800 $250,300 $2,698
2019 $177,500 $72,800 $250,300 $2,698
2018 $177,500 $72,800 $250,300 $2,697
2017 $177,500 $72,800 $250,300 $2,723
2016 $134,200 $46,000 $180,200 $2,215
2015 $134,200 $46,000 $180,200 $2,215
2014 $134,200 $46,000 $180,200 $2,188
2013 $130,700 $46,000 $176,700 $2,145
2012 $140,700 $39,300 $180,000 $1,971
2011 $140,700 $39,300 $180,000 $1,971
2010 $140,700 $39,300 $180,000 $1,971
2009 $136,700 $39,300 $176,000 $1,927
2008 $136,700 $39,300 $176,000 $1,927
2007 $136,700 $39,300 $176,000 $1,927

Property facts

Year built
1915
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,494 sqft
Lot size
6,708 sqft
ZIP code
28801
City
Asheville
Street
Madison Ave
Coordinates
35.60620, -82.54919

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,017
Gross rental yield
3.84%
Implied cap rate
2.50%
Trend-extrapolated value

Frequently asked questions

When did 87 Madison Ave last sell?
87 Madison Ave most recently sold on Aug 19, 2022 for $630,000.
What is the current tax assessment for 87 Madison Ave?
The most recent total assessment for 87 Madison Ave (year 2025) is $511,400 with $5,882 in property tax.
How does 87 Madison Ave's assessment compare to its last sale price?
The current assessment is 18.8% below the last sale price of $630,000.
When was 87 Madison Ave built?
87 Madison Ave was built in 1915.
How does 87 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 87 Madison Ave?
87 Madison Ave is a 3 bed, 2 bath, 1,494 sqft, 6,708 sqft lot single_family.
Is 87 Madison Ave a flip candidate?
No — 87 Madison Ave does not appear in our flips dataset.
Is 87 Madison Ave a tax-appeal candidate?
No — 87 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$770.6K
2026 Q4
$784.2K
ZIP 28801 — Median Price History + Forecast

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